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When Snap listed its shares on the New York Stock Exchange in March, the floor of the exchange was festooned in the company’s signature yellow. Family members of Snap executives posed for photographs; some wore the company’s video-recording Spectacles. And as Snap’s two 20-something founders rang the opening bell, the crowd — including one of the founder’s fathers and a supermodel fiancée — applauded.
Yet just two months into its life as a public company, Snap’s celebration may already be ending.
On Wednesday, Snap, the parent of the messaging app Snapchat, reported earnings that missed Wall Street expectations
Yet just two months into its life as a public company, Snap’s celebration may already be ending.
On Wednesday, Snap, the parent of the messaging app Snapchat, reported earnings that missed Wall Street expectations
